How many generators are sold per year

This may lead to weakening the potential for generator installation across the globe. The rapidly developing residential and small commercial infrastructures in distant locations are likely to augment below 75 kVA gensets demand.

The growing setup of industrial operations in far-off locations that majorly requires continuous working hours is anticipated to lead to the kVA segment growth. The continual launch of new products with better fuel efficiency, coupled with high power output primarily for stationary applications, is set to propel the above kVA segment outlook. On the basis of fuel type, the generator sales industry can be segmented into diesel, gas, and others.

The diesel segment is anticipated to account for the maximum portion across the globe due to its reliable operations, significantly high efficiency, lower maintenance costs, high load operations, and other factors. The lower discharge of harmful gases such as nitrogen and sulfur, along with cost-convenient operations, is set to favor the growth of gas-based generator units. Based on application, this industry can be primarily divided into continuous, peak shaving, and stand-by.

The growing need to install sturdy backup power units to combat the situation of sudden blackouts or power cuts is set to foster the stand by segment outlook. The continuous segment is projected to hold a significant share of the market owing to the growing setup of high power applications in distant places without grid connectivity. To know how our report can help streamline your business, Speak to Analyst. The rising construction expenditure by various national governments to establish new and advanced buildings is likely to favor the growth of the construction segment.

The constant need for different metals and minerals to fabricate raw materials and end-use products for different industries is likely to propel the growth of the mining segment.

The expanding reach of communication lines requiring new stations to serve customers with high-speed networks is projected to boost the telecom segment landscape. The manufacturing segment growth is favored by the constant high power need to efficiently run heavy machinery that will propel the demand for generators globally.

To get more information on the regional analysis of this market, Request a Free sample. Asia Pacific stood at USD 7. North America is set to experience significant growth during the forecast period due to the rising government and non-government investments to develop various industry verticals. Additionally, encouraging legislation to promote building energy security, along with the existence of established generator manufacturers, is expected to propel the market growth in the region.

Furthermore, the territory is set to observe significant expansion owing to the exponentially increasing construction expenditures to build innovative domestic and public establishments to promote tourism across nations.

The industry has observed a large number of product manufacturers delivering units with different power rating applications at the global and regional levels. The generator sales market has observed numerous small and large participants with well-established production lines to cater to specific end-user industry requirements.

Furthermore, the companies are increasingly focusing to integrate with other players to strengthen their foothold and, thereby, outlining the competitive landscape. For instance, in November , Rolls Royce announced the delivery of eighteen units of its MTU generator sets to replace the prevailing diesel-fueled fleet in naval vessels owned by BAE Systems.

To get information on various segments, share your queries with us. The research report provides a detailed analysis of the market and focuses on key aspects such as strategies of the leading companies along with various segments consisting of power rating, application, end-user, and fuel type.

Besides, the report offers insights into the market trends and highlights key industry developments. In addition to the aforementioned factors, several other factors that have contributed to the growth of the market over recent years have been covered by the study. Registering a CAGR of 5. Furthermore, industry participants are developing new hybrid items. The usage of portable generators for residential uses continues to expand at an amazing rate, owing to the requirement for constant power supply.

For example, the residential sector is expected to contribute for around one-fifth of overall revenue share throughout the forecast period. Have a report related query?

Speak to us directly. Increased marketing strategy development, product diversification, economies of scale, and brand awareness are some of the strategic assets used by significant corporations to strengthen their market position while lowering business risks. A recent study by Fact. MR on the portable generators market offers a year forecast for to The study analyzes crucial trends that are currently determining the growth of the market.

This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with offering portable generators. The study also provides the dynamics responsible for influencing the future status of the portable generators market over the forecast period.

A detailed assessment of value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the portable generators market, along with their product portfolios, enhances the reliability of this comprehensive research study. The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of portable generators across the globe.

A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of portable generators during the forecast period. Price point comparison by region with global average price is also considered in the study. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report.

Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Key sections have been elaborated in the report, which have helped deliver projections on regional markets.

These chapters include regional macros political, economic, and business environment outlook , which are expected to have a momentous influence on the growth of portable generators during the forecast period.

Country-specific valuation on demand for portable generators has been offered for each region, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report. The report sheds light on leading manufacturers of portable generators, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in offering portable generators has been brought with the help of a detailed dashboard view.

Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses. Company profiles have been included in the report, which include essentials such as product portfolios and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the Portable Generators domain.

In Fact. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the drawn conclusions. Secondary resources referred to by analysts during the preparation of the market study include statistics from governmental organizations, trade journals, white papers, and internal and external proprietary databases.

Increased emphasis on renewable powered portable generators, such as solar power, is creating lucrative growth opportunities. According to Fact. MR, portable generators sales in the U. Yes, the report has been compiled by expert analysts of Fact. MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst. MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis.

This methodology is based on the use of standard market structure, methods, and definitions. MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers.

More information about desk research is available upon request. MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. Exclusive Premium functionality. Register in seconds and access exclusive features. Full access: To this and over 1 million additional datasets Save Time: Downloads allow integration with your project Valid data: Access to all sources and background information.

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Motor, generator and transformer manufacturers with the highest turnover Spain Learn more about how Statista can support your business. Website power-technology. February 14, Global diesel generator market size in and , by region [Graph]. In Statista. Accessed November 12, Global diesel generator market size in and , by region.

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